Chaos Theory

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Chaos theory is interesting, but it seems to me that it is far away from our daily life, except for the researchers who are doing chaos research. I was trying to find some application of chaos theory, but failed. All I can find is some researcher applied the theory to some data and confirm that there is a phenomenon of chaos. For example, Apostolos Serletis and Periklis Gogas tested and concluded that there was evidence consistent with a chaotic non-linear process in all five natural gas markets.

It is interesting, so what? Can it help human being predict the chaotic future? So far until now, the answer is no. I post this argument based on my knowledge about chaos theory, feel free to correct me or criticize if you find I am wrong.

Thanks

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This page contains a single entry by HONGLU DU published on March 22, 2008 10:49 PM.

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